Goodyear Posts First-Quarter Profit

DETROIT—Goodyear Tire & Rubber Co. on Friday reported a first-quarter profit as the sale of higher-price tires, especially in North America, and lower commodity costs offset weakness in Europe.

In a contrast to the past, the North America unit is now Goodyear's financial engine, underscoring the company's efforts to cut costs while producing more high-end tires. The division produced a pretax profit of $127 million, a 59% increase...